Ben Sulayem urges caution over “exaggerated” $20bn valuation for F1

A story by Bloomberg last week suggested that Saudi Arabia’s sovereign wealth fund had been interested in purchasing F1 from current owner Liberty Media for a $20 billion price tag, but the proposal was rejected.
While sources suggest that the report was not totally accurate in that discussions never opened seriously with Liberty about a buyout, the eye-watering valuation of grand prix racing …Keep reading